“Investors and entrepreneurs who champion the digital currency have been on a mission to evangelize since the press became enamored of Bitcoin earlier this year. ‘What Wall Street does can be done in Bitcoin,’ crowed Naval Ravikant, founder of the online investment platform Angel List. He said that everything the entire industry does — putting things in escrow, moving money around — can be done more easily with what he calls ‘programmable money.’ Balaji Srinivasan, an entrepreneur, said it’s helpful to think of the relationship of Bitcoin to money like e-mail is to physical mail.”
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